225 First Ave

FOR SALE
$199,000
225 First Ave, Shelburne
225 First Ave
225 First Ave
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X8216730
MLSID
Contact Us
Property Description
This property is being sold as is condition for lot value only. In a great location for potential business. Potential to build a commercial/residential type property. Potential for commercial on main floor and living quarters upstairs. The property can only be seen from outside, no inside showings.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-20 2024-04-08 79 $275,000 - Terminated
2023-09-20 2023-12-22 93 $259,900 - Expired
2022-12-07 2023-06-05 32 $335,000 - Expired
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
40' x 60'
Fronting
South
Taxes
$1,235 (2023)
Basement
None
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Other
Garage Type
None
Shelburne Market Statistics
Shelburne Price Trend
225 First Ave is a 3-bedroom 1-bathroom home listed for sale at $199,000, which is $562,000 (73.9%) lower than the average sold price of $761,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Shelburne increased by $68,500 (9.9%) compared to the previous 30 day period (February 29 - March 29) and up $54,000 (7.6%) from the same time one year ago.
Inventory Change
There were 18 3-bedroom homes listed in Shelburne over the last 30 days (March 30 - April 28), which is up 5.9% compared with the previous 30 day period (February 29 - March 29) and up 63.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Shelburne typically sold ($1,949) (0.3%) below asking price over the last 30 days (March 30 - April 28), which represents a $16,951 increase compared to the previous 30 day period (February 29 - March 29) and ($10,720) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Shelburne over the last 30 days (March 30 - April 28) stood at 11.1%, down from 47.1% over the previous 30 days (February 29 - March 29) and down from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Shelburne stood at 44 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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